KRN HEAT EXCHANGER & REFRIGERATION IPO Details, date, Review, Price

KRN Heat Exchanger Refrigeration IPO Details, date, Review, Price

OUR BUSINESS

Our Company manufactures fin and tube type heat exchangers for the Heat Ventilation Air Conditioning and Refrigeration Industry (“HVAC&R”). Heat exchangers manufactured by us are made of non-ferrous metals primarily Copper and Aluminium. Our product range includes condenser coils, evaporator units, evaporator coils, header/copper parts, fluid and steam coils, and sheet metal parts.

We manufacture heat exchangers of various shapes and sizes as per the requirements of the customers and/or demand in the market. The diameter of the heat exchanger tubes we produce ranges190 from 5MM to 15.88 MM. Our products are well suited for a wide range of air conditioning, heating and ventilation, refrigeration, and process cooling applications.

 

OBJECTS OF THE ISSUE

Our Company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:

  • Investment in our wholly owned subsidiary, KRN HVAC Products Private Limited for setting up a new manufacturing facility at Neemrana, Alwar, Rajasthan(“Proposed Project”);
  • General corporate purposes.

QUALITATIVE FACTORS

  • Promoters with strong leadership and supported by highly experienced senior management.
  • Long-standing business relationships with leading clientele.
  • Effective quality control checks.
  • Consistent financial performance.
  • Established Manufacturing facility.

OUR PROMOTERS

The Promoters of our Company are:

  1.  Mr. Santosh Kumar Yadav.
  2.  Mrs. Anju Devi

KRN HEAT EXCHANGER & REFRIGERATION CONTACT DETAILS

Plot No. F-46, 47, 48, 49 EPIP, RIICO Industrial Area
Neemrana, Alwar Rajasthan-301705, India
Telephone: +91 –9257025440
Website: www.krnheatexchanger.com
Email ID: cs@krnheatexchanger.com
Contact Person: CS Praveen Kumar

KRN HEAT EXCHANGER & REFRIGERATION IPO REGISTAR

Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai –400093.
Tel.:+91 22 6263 8200
Contact Person: Jibu John
Email: ipo@bigshareonline.com
Website:www.bigshareonline.com

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